Andrew Walker

26 of 27 European Union countries indicate interest in tighter economic ties

Only the United Kingdom, one of 10 EU countries not using the euro, indicated it could not support efforts to enshrine new protocols for monitoring country’s budgets and enforcing limits on deficits.

The U.S. economy and the global economy

European Elections Highlight Discontent

UK Vetoes EU Treaty

Bailout Referendum Brings Greek Government to Brink of Collapse

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The World

Greek PM asks Germany for assistance

Global Politics

Mark Lowen filed a report from Athens about how Greeks are coping with what Panpandreou called ‘the largest fiscal consolidation in a single year [of any eurozone member].” Andrew Walker reports on how Merkel’s support of Greece is playing in Germany.

The World

Global markets fall after fed warning

European and Asian markets are being hammered this morning as markets react to the Federal Reserve’s warning about the weak state of the U.S. economy, and fears of another recession in the euro zone. Andrew Walker, for the BBC, has the latest.

Why the US is Trying to Help Fix the Euro

Global Politics

US Treasury Secretary Timothy Geithner was in Europe Friday urging Europeans to fix their broken currency, and rescue bankrupt Greece.

Economic Crisis Spreading to Italy

Global Politics

Italian government bonds and stocks fell sharply Monday, continuing a plunge from Friday.

The World

IMF says global recession ending

The International Monetary Fund says the global recession is ending. In its twice-yearly assessment of the economic outlook for the world, the IMF predicts a 3.1 percent global economic growth rate.

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